Sprouts Farmers Market (FRA:1FA) Interest Expense : €-10 Mil (TTM As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Sprouts Farmers Market Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sprouts Farmers Market's interest expense for the three months ended in Mar. 2024 was € -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-10 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Sprouts Farmers Market's Operating Income for the three months ended in Mar. 2024 was € 138 Mil. Sprouts Farmers Market's Interest Expense for the three months ended in Mar. 2024 was € -2 Mil. Sprouts Farmers Market's Interest Coverage for the quarter that ended in Mar. 2024 was 62.69. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Sprouts Farmers Market Interest Expense Historical Data

The historical data trend for Sprouts Farmers Market's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sprouts Farmers Market Interest Expense Chart

Sprouts Farmers Market Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-19.07

-12.16

-10.34

-8.29

-11.58

Sprouts Farmers Market Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-3.44	-3.25	-2.70	-2.33	-2.21

Sprouts Farmers Market Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-10 Mil.

Sprouts Farmers Market (FRA:1FA) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Sprouts Farmers Market's Interest Expense for the three months ended in Mar. 2024 was €-2 Mil. Its Operating Income for the three months ended in Mar. 2024 was €138 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €1,448 Mil.

Sprouts Farmers Market's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	138.285	/	-2.206
	=	62.69

The higher the ratio, the stronger the company's financial strength is.

Sprouts Farmers Market (FRA:1FA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Sprouts Farmers Market Inc (FRA:1FA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

SFM:USA

Address

5455 East High Street, Suite 111, Phoenix, AZ, USA, 85054

Website

https://www.sprouts.com

Sprouts Farmers Market is an American specialty grocer offering an assortment highlighting fresh and naturally derived products. Its offerings are especially focused on produce, which constituted around 20% of sales in fiscal 2022. Founded in 2002, the chain is most heavily concentrated in California, which accounted for over one third of its 386 stores as of the end of fiscal 2022. All of the company's operations are in the United States, with its stores largely located in the southern half of the country. Private-label products accounted for nearly 20% of sales in fiscal 2022.

Sprouts Farmers Market (FRA:1FA) Headlines

No Headlines